\documentclass[]{article}
\setlength{\pdfpagewidth}{8.5in} \setlength{\pdfpageheight}{11in}
\begin{document}
\begin{tabular}{lcccccccc} \hline
 & (1) & (2) & (3) & (4) & (5) & (6) & (7) & (8) \\
 & Delay & Private co- & Mafia & Not mafia & Created 2yr & BoD from &  &  \\
VARIABLES & (months) & financing & sector & sector & before call & mafia area & Corruption & Inefficiency \\ \hline
 &  &  &  &  &  &  &  &  \\
1.justbelow & -0.0382 & 0.0870* & 0.0169 & 0.0438 & -0.0890** & -0.0977 & -0.0192 & 0.0395 \\
 & (0.0543) & (0.0493) & (0.0525) & (0.0542) & (0.0391) & (0.0723) & (0.0491) & (0.0487) \\
1.justbelow\#1.new\_law & 0.295*** & -0.270*** & 0.312*** & -0.198*** & 0.129** & 0.176* & -0.0227 & -0.0923 \\
 & (0.0739) & (0.0671) & (0.0715) & (0.0738) & (0.0533) & (0.0945) & (0.0668) & (0.0663) \\
 &  &  &  &  &  &  &  &  \\
Observations & 9,036 & 9,036 & 9,036 & 9,036 & 9,036 & 5,765 & 9,036 & 9,036 \\
R-squared & 0.098 & 0.339 & 0.195 & 0.264 & 0.111 & 0.243 & 0.305 & 0.296 \\
City FE & Yes & Yes & Yes & Yes & Yes & Yes & Yes & Yes \\
Institution Type FE & Yes & Yes & Yes & Yes & Yes & Yes & Yes & Yes \\
Year FE & Yes & Yes & Yes & Yes & Yes & Yes & Yes & Yes \\
 Years of Activity & Yes & Yes & Yes & Yes & No & Yes & Yes & Yes \\ \hline
\multicolumn{9}{c}{ Standard errors in parentheses} \\
\multicolumn{9}{c}{ *** p$<$0.01, ** p$<$0.05, * p$<$0.1} \\
\end{tabular}
\end{document}
